Notice2025-11840

60-Day Notice of Proposed Information Collection: Capital Fund High Risk/Receivership/Substandard/Troubled Program

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
June 26, 2025

Issuing agencies

Housing and Urban Development Department

Abstract

The Department of Housing and Urban Development (HUD) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed post-award collection of information. The purpose of this notice is to allow for 60 days of public comment.

Full Text

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<title>Federal Register, Volume 90 Issue 121 (Thursday, June 26, 2025)</title>
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[Federal Register Volume 90, Number 121 (Thursday, June 26, 2025)]
[Notices]
[Pages 27333-27334]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-11840]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7104-N-10; OMB Control No.: 2577-0301]


60-Day Notice of Proposed Information Collection: Capital Fund 
High Risk/Receivership/Substandard/Troubled Program

AGENCY: Office of the Assistant Secretary for Public and Indian Housing 
(PIH), HUD.

ACTION: Notice.

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SUMMARY: The Department of Housing and Urban Development (HUD) is

[[Page 27334]]

seeking approval from the Office of Management and Budget (OMB) for the 
information collection described below. In accordance with the 
Paperwork Reduction Act, HUD is requesting comment from all interested 
parties on the proposed post-award collection of information. The 
purpose of this notice is to allow for 60 days of public comment.

DATES: Comments Due Date: August 25, 2025.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection can be sent within 60 days of publication of 
this notice to <a href="http://www.regulations.gov">www.regulations.gov</a>. Interested persons are also invited 
to submit comments regarding this proposal and comments should refer to 
the proposal by name and/or OMB Control Number and should be sent to: 
Dawn Martin, Program Analyst, Department of Housing and Urban 
Development, 451 7th Street SW, Room 3180, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Dawn Martin, Program Analyst, 
Department of Housing and Urban Development, 451 7th Street SW, Room 
3180, Washington, DC 20410; email <a href="/cdn-cgi/l/email-protection#e6b6afaecbb6b4a7b693848a8f85a5898b8b83889295a68e9382c8818990"><span class="__cf_email__" data-cfemail="80d0c9c8add0d2c1d0f5e2ece9e3c3efedede5eef4f3c0e8f5e4aee7eff6">[email&#160;protected]</span></a>; 
telephone number (202) 402-6488. This is not a toll-free number. HUD 
welcomes and is prepared to receive calls from individuals who are deaf 
or hard of hearing, as well as individuals with speech or communication 
disabilities. To learn more about how to make an accessible telephone 
call, please visit <a href="https://www.fcc.gov/consumers/guides/telecommunications-relays-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relays-service-trs</a>. Copies of available documents 
submitted to OMB may be obtained from Ms. Martin.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.

A. Overview of Information Collection

    Title of Information Collection: Capital Fund High Risk/
Receivership/Substandard/Troubled Program.
    OMB Approval Number: 2577-0301.
    Type of Request: Post-award information collection.
    Description of the need for the information and proposed use: This 
supporting statement renews the post-award information collection for 
competitive awards under the Capital Fund Program. Post-award 
information includes annual financial and performance reporting, 
audits, and award closeout. Reporting also includes compliance with the 
Award Term in Appendix A of 2 CFR part 170. Grantees must also adhere 
to the application submission requirements in the NOFO, including 
implementing the project proposed with the application, including how 
use of funding will improve the targeted Asset Management Property 
(AMP). Further, grantees are required to maintain eligibility for the 
life of the award, including all program-specific threshold eligibility 
requirements.
    The pre-award information collection for the Capital Fund Program 
is removed from this control number and may be moved to OMB Control 
Number 2501-0044.
    The Capital Fund Program provides funding for costs associated with 
public housing asset improvement to Public Housing Agencies (PHAs) that 
are either in receivership, designated troubled or substandard, or 
otherwise deemed high risk. Funding is focused on improving public 
housing asset management property performance in two core areas: 
Physical Condition and Occupancy.
    Physical Condition: Improve the physical condition of public 
housing. Successful applicants must demonstrate a comprehensive 
strategy on how the funds will provide residents with access to safe, 
accessible, and decent public housing through improved public housing 
assets.
    Management: Increase occupancy and reduce long-term vacancies 
through capital investment and affirmative marketing.

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                                                           Frequency of
         Information collection              Number of     response per    Total annual     Burden hour    Annual burden    Hourly cost     Annual cost
                                            respondents     respondents      responses     per response        hours       per response
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Annual SF-425, project performance and                 5               4              20               1               5          $51.60            $258
 other annual reporting.................
Closeout and Final Narrative............               5               1               5               2              10           51.60             516
Record Retention........................               5               4              20               5               5           51.60             258
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    Totals..............................              15  ..............              45  ..............              20  ..............           1,032
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B. Solicitation of Public Comment

    This notice is soliciting comments from members of the public and 
affected parties concerning the collection of information described in 
Section A on the following:
    (1) Whether the proposed collection of information is necessary for 
the proper performance of the functions of the agency, including 
whether the information will have practical utility;
    (2) The accuracy of the agency's estimate of the burden of the 
proposed collection of information;
    (3) Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    (4) Ways to minimize the burden of the collection of information on 
those who are to respond, including through the use of appropriate 
automated collection techniques or other forms of information 
technology, e.g., permitting electronic submission of responses.
    HUD encourages interested parties to submit comment in response to 
these questions.

C. Authority

    Section 2 of the Paperwork Reduction Act of 1995, 44 U.S.C. 3507.

Laura Kunkel,
Acting Director, Office of Policy, Program, & Legislative Initiatives.
[FR Doc. 2025-11840 Filed 6-25-25; 8:45 am]
BILLING CODE 4210-67-P


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Indexed from Federal Register on June 26, 2025.

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